SXM Daily 12/27/12

Just getting it started.
Low volume decline .8% yesterday, up 2 cents pre-market.
Short interest at all time high of 370 Million shares
Boy does this stock need some news
"My" shorts need a squeeze right now.

Probably another day of light volume Holiday trading. Compelling news is right around the corner with the release of Sub #s early January. Personalized would be nice by year end too but i'm not counting on it. As long as we chop this range up it's all good.

edit: I'm bored today so i'll just keep adding to this post until someone chimes in...

So, yesterdays volume was even more atrocious than christmas eve. I hope that meant we can ignore the 2.92 and 2.91 ah drop.

imo though 2.86 is coming but shoot some news would be nice...speaking of which, we have a new CEO right? so thats off the table. Maybe thats why this current drop hasn't been far.

edit2: The short interest was up on the 14th. That was the day before the ex div day by the way. Which proceeded to take off on the 15th. Never before have I seen a stock take off on ex div. That was awesome!

edit: I'm bored today so i'll just keep adding to this post until someone chimes in...

So, yesterdays volume was even more atrocious than christmas eve. I hope that meant we can ignore the 2.92 and 2.91 ah drop.

imo though 2.86 is coming but shoot some news would be nice...speaking of which, we have a new CEO right? so thats off the table. Maybe thats why this current drop hasn't been far.

edit2: The short interest was up on the 14th. That was the day before the ex div day by the way. Which proceeded to take off on the 15th. Never before have I seen a stock take off on ex div. That was awesome!

This stock is so unpredictable that it is so hard to figure what anything means anymore....flip of a coin.

This stock is so unpredictable that it is so hard to figure what anything means anymore....flip of a coin.

lol, yes totally agree, I can triple over analyze any indicators. Here's what I'm trying to do lately, only buy/sell using stockta.com intraday ezone signals. If its in the entry zone don't sell if its in the exit zone don't buy. actually works.